Personal Finance

  • Home financing
  • Student/education financing
  • Auto-finance
  • Paying of your loans


Home Finance


Buy your dream house

IBS will provide you with both long term and short term finance. We support the financing of all activates within home finance. For example you can take home finance for various purposes like purchasing a plot, House extensions, repair and renovation with very convenient repayment options


Financing features


  • This facility is available to both Somali and non-Somali residents
  • Home finance tenure up to 15 years.
  • We offer financing amount that is suitable to your needs
  •  Personal Guarantee may be required whenever necessary
  • We offer attractive low profit rates.
  • Quick home finance approval.




  • The applicant must be a client at IBS and should have good credit file history
  • Minimum age required is 21 years old
  • Applicant must be an employee of either government or approved private sector


Required Documents



  • Real estate Documents
  1. Copy of the House Deed
  2. Copy of the building license
  3. Evaluation report carried out by approved experts
  • Passport copy
  • Complete application form
  • Assignment of salary
  • Salary Certificate.
  • Proof of 20 % contribution of the applicant
  • Guarantee may be required.





Buy your dream car

Buying your dream car does not have to be a complicated process. IBS has made it easy for you to purchase your favorite car by giving you the best offers such as low monthly payments.


Terms and Conditions


  • The commodity to be financed must be Shari’ah compliant
  • Customer has a choice to buy what he/she desires within the credit limit
  • This type of financing is available at all our branches
  • Non-Somali Applicants must be residents
  • Tenure 3 years
  • Customers who are above 18 to 60 years are eligible



Simple Requirements


  • Price quotation for the required commodity
  • The client must have an account and good credit history with us
  • Down Payment is required for this facility
  • The customer or guarantor must be working in either government or recognized private sector for at least one year


Required Documents


  • Performa Invoice or price quotation for required vehicle
  • Copy of passport
  • completed and signed vehicle purchase form
  • Salary certificate from the applicants employer
  • Irrevocable salary assignment
  • Signed guarantee form
  • Filled application form



Benefits of taking auto finance with IBS


  • We have competitive profit rates

  • High financing amount up 80%

  • Flexible repayment tenure starting from 12 months(1 year) to 60 months(5 years)

  • Quick and easy processing approved within 12 hours


Contact Us

Call - +252 1 865999

Email -
Swift Code - IBOSSOSM